Tag Archives: #rachelsheller

Latest & Greatest Portland-Metro Real Estate Stats- November 2019

How’s The Market?

Below is an excerpt from the Regional Multiple Listing Service’s most recent “Market Action” report that comes out monthly and is e-mailed to all member Realtors. This is data specific to the Portland Metro Area market.

October Residential Highlights

Oregon City/Canby is leading the pack right now at 4.9% appreciation! Winds of change are a blowin’. It still is a really good time to make a move if you’ve been kicking it around. Most people don’t know the Winter months are great times to move. Less completion if your a seller, and if your a buyer there typically have been many houses that have been sitting on the market ready for negotiation. Here are some stats;

Pending and closed sales saw gains this month in the Portland metro area, compared with October 2018. Pending sales (2,575) rose 3.7% over the 2,484 offers accepted in October 2018, falling 4.1% short of the 2,686 offers accepted last month in September 2019.

Closed sales (2,588) rose 6.1% from the 2,440 closings recorded last year in October 2018 and increased 8.9% compared with the 2,377 closings recorded last month in September 2019.

New listings, at 3,064, decreased 1.2% from October 2018 (3,100) and 11.7% from September 2019 (3,470).

Inventory decreased slightly to 2.4 months this October, while total market time rose by two days to land at 54 days.

Average and Median Sale Prices

Comparing 2019 to 2018 through October, the average sale price has increased 1.2% from $453,600 to $459,000. In the same comparison, the median sale price has increased 2.5% from $400,000 to $410,000.

For more information on what these numbers mean to you, please call, email or text. I’m here for you and your!

IT’S A GOOD LIFE!

Rachel Sheller, 503.380.9634, rachel@rachelsheller.com

Oregon First-Principal Broker, Washington First-Managing Broker

CRS, CSA, ABR, GRI, SRES, Diversity Specialist

FIVE STAR AGENT IN PORTLAND-METRO 2011-2020
***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon and Washington

BUYER REVIEW FOR RACHEL SHELLER

“We loved working with Rachel. She was very professional and any bump in the road she turned into a positive and really was there for us as a buyer. I would use her again and again. Really made the process for us first time home buyer’s an easy one.” -Katie Abbott

Thank you Katie for the opportunity to turn your dream into a reality! You and your family are amazing people and I’m so lucky to of gotten to work with you.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2019 honoring the top 7% of real estate professionals in Oregon.

Rachel Sheller

Principal Broker, Realtor, CRS, ABR, GRI, SRES

Diversity Specialist-HOWNW, Earth Advantage Broker,

MASTERS CIRCLE

CSA-Certified Staging Agent

Oregon First, Washington First 

Direct 503.380.9634

Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website.

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

Housing projections for 2020 & beyond

Housing projections for 2020 & beyond

Looking into their crystal balls, real estate experts share these predictions and trends:

  • New home starts will continue to lag behind consumer demand, especially among millennials. Based on statistics from the past three years, the supply of homes will remain tight as the number of new households and demolition of run-down properties outpaces the rise in new construction.
  • While some fear an inevitable economic recession on the horizon, most economists see a stable leveling off of the housing market, but not another crash similar to 2007-2009.
  • Austin ranks No. 1 among the fastest growing cities in America. Driven primarily by tech growth, many smaller metros such as Raleigh-Durham, Indianapolis and Portland are also trending in the nation’s top 20.
  • Walkable, urban senior living condos and smaller homes are one real estate market where many predict consistent growth thanks to the health and wealth of baby boomers.

For more information on the 2020 real estate forecast and what that means to you as a seller or buyer or both, please call, email, or text me anytime.

Five Star award Winner 2011- 2019 honoring the top 7% of real estate professionals in Oregon.

IT’S A GOOD LIFE!!

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First-Principal Broker, Washington First-Managing Broker

Direct 503.380.9634 Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website.

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

Portland-Metro Real Estate Stats 10/2019

Monthly Local Market Report

How’s The Market?

Below is an excerpt from the Regional Multiple Listing Service’s most recent “Market Action” report that comes out monthly and is e-mailed to all member Realtors. This is data specific to the Portland Metro Area market.

September Residential Highlights

Pending and closed sales saw gains this month in the Portland metro area, compared with September 2018. Pending sales (2,686) rose 8.7% over the 2,471 offers accepted in September 2018, falling 8.3% short of the 2,929 offers accepted last month in August 2019.

Closed sales (2,377) fared similarly, rising 4.6% from the 2,272 closings recorded last year in September 2018 but showing cooling of 18.1% compared with the 2,901 closings recorded last month
in August 2019.

New listings, at 3,470, decreased 3.8% from September 2018 (3,606) and 7.6% from August 2019 (3,757).

Inventory increased slightly to 2.8 months this September, while total market time rose by four days to land at 52 days.

Average and Median Sale Prices

Comparing 2019 to 2018 through September, the average sale price has increased 1.1% from $453,800 to $458,900. In the same comparison, the median sale price has increased 2.5% from $400,000 to $410,000.


The above table with data from the RMLS for specific areas. Note that Appreciation is based on a comparison of the rolling average sale price for the last 12 months with the 12 months prior. Days on Market is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, DOM continues to accrue; however, it does not include the time that it was off the market:

For more information on your neighborhood, and property (each neighborhood is valued differently) call, email, or text me for more information.

IT’S A GOOD LIFE!! RACHEL SHELLER
Principle Broker,Realtor,CRS, ABR, GRI, SRES, CSA (Staging Agent)
HOWNW, MASTERS CIRCLE
Five Star award 2011-2019
Oregon First Realty
Direct-503-380-9634
Email~ rachel@rachelsheller.com
123 E Powell Blvd. #101
Gresham, OR 97030

***I’M ALWAYS HAPPY TO HELP YOU AND YOUR REFERRALS***

Licensed in the State of Oregon

First Time Buyer Review For Rachel Sheller

“Rachel is the best realtor anyone could ask for! She is extremely helpful and knows everything about the process. She’s an expert and I would feel more than comfortable having her help my family and closest friends! Rachel is a fantastic resource and was very patient with me in helping me through my first-time home buying experience! I can’t imagine ever using anyone else.”
-Matthew Hunt

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2019 honoring the top 7% of real estate professionals in Oregon.

Rachel Sheller, Oregon First-Principal Broker, Managing Broker- Washington First, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent 

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

Seller Review For Rachel Sheller

“The weeks leading up to my Mothers passing she had told me on several occasions to contact Rachel Sheller and that she would not only sell her house for me but she would make sure that everything would go smoothly. Rachel was listed in my Moms final paperwork after her death naming her as the person she chose to sell her home. Rachel was more then just my Moms Realtor she became some one my Mom trusted and believed in. My Mom placed Rachel in my life for a reason. She not only has alot of knowledge, expertise, skills and responsiveness, she is also kind, honest, and hardworking. She keep me grounded during such a difficult and stressful time. My Mom was right to the end, Rachel took care of me and completed the job my Mom asked for her to do. And I got the sale price I was looking for! Rachel is truely good at what she does but she is also someone you want on your side, and ill cherish the time I spent with her.”

Koie Steen

This review means more to me than I can possible say. To be included in someones final requests is an honor beyond words for me. I am deeply moved and feel grateful to be able to help.

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2019 honoring the top 7% of real estate professionals in Oregon.

Rachel Sheller- Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First-Principal Broker, Washington First-Managing Broker

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!

SOLD! North PDX by U of P!

CONGRATULATIONS Thuy & Nam on the sale of your family home! I’m honored to be of service! Thank you so much!

This is the time to sell! If you’ve thought about selling please give Rachel a call for information on your home value, steps it takes to sell and what to expect when you sell and/or buy. She has helped many people successfully sell their home and she can help you too!

IT’S A GOOD LIFE!!

Five Star award Winner 2011- 2019 honoring the top 7% of real estate professionals in Oregon.

Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, Diversity Specialist-HOWNW, Earth Advantage Broker, MASTERS CIRCLE, CSA-Certified Staging Agent, Oregon First, Washington First 

Direct 503.380.9634, Email- rachel@rachelsheller.com

View ALL available Houses on the market on my website.

Licensed in the State of Oregon and Washington

My business is referral based.
If you’ve enjoyed my service, please refer me!